Stock falls on weak jobs report, Wal-Mart sales (AP)

The New York Times and The Wall Street Jounal are displayed at a newsstand on Monday, July 28, 2008 in New York.  News Corp. says fiscal fourth-quarter earnings jumped 27 percent, Tuesday, Aug. 6, 2008, on profit from the sale of assets and higher operating earnings in its film, cable networks and newspaper units. (AP Photo/Mark Lennihan)AP - Wall Street retreated Thursday after weekly unemployment claims jumped to a six-year high and retailers generally reported disappointing monthly sales. But a surprise increase in pending home sales appeared to mitigate some of the looses, leaving the Dow Jones industrial average down about 100 points.

Original post by AP

Leave a Reply

You must be logged in to post a comment.